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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.86%
New listings on Bitget: Pi Network
BTC/USDT$84310.02 (-1.11%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.86%
New listings on Bitget: Pi Network
BTC/USDT$84310.02 (-1.11%)Fear and Greed Index44(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$157.8M (1D); -$22M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
PEN
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Pentagon Games(PEN) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 PEN at a value of 1 PEN for 0.01 PAB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
PAB information
About Panamanian Balboa (PAB)
The Panamanian Balboa (PAB), introduced in 1904, stands as a unique symbol of Panama's economic history and its close ties with the global economy. It is commonly abbreviated as PAB and represented by the symbol B/. Named after the Spanish explorer Vasco Núñez de Balboa, the currency reflects Panama's strategic role as a global trade hub and its historical linkages with the United States.
Historical Background
The adoption of the Balboa marked a significant chapter in Panama’s financial history, coinciding with the country's independence from Colombia and the beginning of the Panama Canal construction. The Balboa was pegged to the US Dollar at par from its inception, reflecting the economic and political relationship between Panama and the United States, a connection that has remained pivotal to Panama’s monetary policy.
Design and Symbolism
The design of the Panamanian Balboa features iconic national symbols, historical figures, and landmarks that narrate Panama’s rich cultural heritage. Coins bear the image of Vasco Núñez de Balboa, honoring the explorer who influenced Panama's early history. These designs are more than just transactional tools; they resonate with national pride and historical awareness.
Economic Role
As Panama does not issue its own paper currency and uses the US Dollar for all paper money transactions, the Balboa exists primarily in coinage. This unique monetary system underpins Panama's service-based economy, which includes finance, tourism, and the famous Panama Canal. The Balboa’s stability, thanks to its peg to the US Dollar, is crucial for the country’s financial system and economic activities.
Monetary Policy and Stability
The monetary arrangement of using the US Dollar alongside the Balboa coins ensures economic stability, but it also means Panama does not have its own independent monetary policy. This system provides stability and confidence, attracting foreign investment, particularly in the banking and service sectors.
International Trade and the Panamanian Balboa
Given Panama's strategic location and the significance of the Panama Canal, the stability of the Balboa (and its parity with the US Dollar) is crucial in international trade. This stability facilitates the country’s role as a global logistics and trade hub.
Remittances and Economic Impact
Remittances play a significant role in Panama’s economy, with inflows from Panamanians working abroad, especially in the United States. These remittances, converted into Balboas and Dollars, support household incomes and contribute to economic stability.
Bitget crypto-to-fiat exchange data shows that the most popular Pentagon Games currency pair is the PEN to PAB, with for Pentagon Games's currency code being PEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
PEN to PAB conversion rate trend
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In the past 1D, Pentagon Games has changed -2.22% to PAB. Based on the trend and price charts, Pentagon Games(PEN) has changed -2.22% to PAB while Panamanian Balboa(PAB) has changed % to PEN in the last 24 hours.
PEN to PAB market statistics
PEN/PAB:
B/. 0.005913
PEN 24h volume:
B/. 88,827.22
PEN market cap:
B/. 250,902.99
PEN circulating supply:
42.43M PEN
More info about Pentagon Games on Bitget
Current PEN to PAB exchange rate
Pentagon Games to Panamanian Balboa is falling this week.Pentagon Games's current market price is B/. 0.005913 per PEN, with a total market cap of B/. 250,902.99 PAB based on a circulating supply of 42,432,700 PEN. The trading volume of Pentagon Games has changed by +9.89% (B/. 7,993.85 PAB) in the last 24 hours. Last trading day, PEN's trading volume was B/. 80,833.37.
PEN to PAB Conversion tables
The exchange rate of Pentagon Games is decreasing.1 PEN is currently valued at B/. 0.005913 PAB , which means buying 5 PEN will cost B/. 0.02956 PAB . Similarly, B/.1 PAB can be traded for 169.12 PEN, and B/.50 PAB can be converted to 8,456 PEN, excluding any platform or gas fees.
The exchange rate of 1 PEN to Panamanian Balboa has changed by -16.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.22%, reaching a high of 0.006151 PAB and a low of 0.005722 PAB . One month ago, the value of 1 PEN was B/. 0.01089 PAB , which represents a -45.84% change from its current value. Over the last year, Pentagon Games has changed by , resulting in a change of -96.12% in its value.
+B/.
0.005886PABPEN to PAB
Amount
21:19 today
0.5 PEN
B/.0.002956
1 PEN
B/.0.005913
5 PEN
B/.0.02956
10 PEN
B/.0.05913
50 PEN
B/.0.2956
100 PEN
B/.0.5913
500 PEN
B/.2.96
1000 PEN
B/.5.91
PAB to PEN
Amount21:19 today
0.5PAB84.56 PEN
1PAB169.12 PEN
5PAB845.6 PEN
10PAB1,691.2 PEN
50PAB8,456 PEN
100PAB16,911.99 PEN
500PAB84,559.97 PEN
1000PAB169,119.94 PEN
PEN to PAB Today vs. 24 hours ago
| Amount | 21:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PEN | B/.0.002956 | B/.0.003023 | -2.22% |
| 1 PEN | B/.0.005913 | B/.0.006047 | -2.22% |
| 5 PEN | B/.0.02956 | B/.0.03023 | -2.22% |
| 10 PEN | B/.0.05913 | B/.0.06047 | -2.22% |
| 50 PEN | B/.0.2956 | B/.0.3023 | -2.22% |
| 100 PEN | B/.0.5913 | B/.0.6047 | -2.22% |
| 500 PEN | B/.2.96 | B/.3.02 | -2.22% |
| 1000 PEN | B/.5.91 | B/.6.05 | -2.22% |
PEN to PAB Today vs. 1 month ago
| Amount | 21:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PEN | B/.0.002956 | B/.0.005447 | -45.84% |
| 1 PEN | B/.0.005913 | B/.0.01089 | -45.84% |
| 5 PEN | B/.0.02956 | B/.0.05447 | -45.84% |
| 10 PEN | B/.0.05913 | B/.0.1089 | -45.84% |
| 50 PEN | B/.0.2956 | B/.0.5447 | -45.84% |
| 100 PEN | B/.0.5913 | B/.1.09 | -45.84% |
| 500 PEN | B/.2.96 | B/.5.45 | -45.84% |
| 1000 PEN | B/.5.91 | B/.10.89 | -45.84% |
PEN to PAB Today vs. 1 year ago
| Amount | 21:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PEN | B/.0.002956 | B/.0.{4}1349 | -96.12% |
| 1 PEN | B/.0.005913 | B/.0.{4}2699 | -96.12% |
| 5 PEN | B/.0.02956 | B/.0.0001349 | -96.12% |
| 10 PEN | B/.0.05913 | B/.0.0002699 | -96.12% |
| 50 PEN | B/.0.2956 | B/.0.001349 | -96.12% |
| 100 PEN | B/.0.5913 | B/.0.002699 | -96.12% |
| 500 PEN | B/.2.96 | B/.0.01349 | -96.12% |
| 1000 PEN | B/.5.91 | B/.0.02699 | -96.12% |
How to convert PEN to PAB
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert PEN to PAB
Use a variety of payment options to buy Pentagon Games on Bitget. We'll show you how.
Buy PEN (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of PEN with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy PEN with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell PEN (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of PEN to PAB. However, you can first exchange PEN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of PEN to PAB?
There are many factors that affect the relationship between Pentagon Games and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PEN/PAB. When there is positive news in the market about the widespread adoption of PEN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PEN/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PEN/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PEN/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Pentagon Games and adjust their investment strategies accordingly in the evolving market.
Pentagon Games price prediction
What will the price of PEN be in 2026?
Based on PEN's historical price performance prediction model, the price of PEN is projected to reach $0.01244 in 2026.
What will the price of PEN be in 2031?
In 2031, the PEN price is expected to change by +31.00%. By the end of 2031, the PEN price is projected to reach $0.03450, with a cumulative ROI of +497.31%.
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Popular Pentagon Games Converter
Check out these popular currency conversions of Pentagon Games to several fiat currencies.
PEN to TWD
1 PEN to NT$ 0.1960 TWD
PEN to CNY
1 PEN to ¥ 0.04301 CNY
PEN to USD
1 PEN to $ 0.005913 USD
PEN to PAB
1 PEN to B/. 0.005913 PAB
PEN to EUR
1 PEN to € 0.005451 EUR
PEN to CAD
1 PEN to $ 0.008466 CAD
PEN to KRW
1 PEN to ₩ 8.66 KRW
PEN to JPY
1 PEN to ¥ 0.8870 JPY
PEN to GBP
1 PEN to £ 0.004556 GBP
PEN to BRL
1 PEN to R$ 0.03370 BRL
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Pentagon Games.
BTC to PAB
1 BTC to B/. 84,837.66 PAB
SOL to PAB
1 SOL to B/. 126.6 PAB
PI to PAB
1 PI to B/. 0.6653 PAB
EOS to PAB
1 EOS to B/. 0.8358 PAB
LINK to PAB
1 LINK to B/. 13.65 PAB
TRUMP to PAB
1 TRUMP to B/. 10.24 PAB
DOGE to PAB
1 DOGE to B/. 0.1709 PAB
SHIB to PAB
1 SHIB to B/. 0.{4}1254 PAB
LTC to PAB
1 LTC to B/. 85.53 PAB
PEPE to PAB
1 PEPE to B/. 0.{5}7451 PAB
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Pentagon Games and PAB.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Pentagon Games and PAB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Pentagon Games in PAB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
